Adani Commodities LLP (ACL) and Adani Enterprises Limited (AEL), collectively the Adani Group, have requested reclassification from the ‘promoter and promoter group’ to the ‘public’ category. ACL has also sold 90,977,502 equity shares, representing 7.00% of the company’s issued share capital, resulting in the Adani Group no longer holding any equity shares in AWL Agri Business as of November 21, 2025.
Promoter Group Reclassification Request
AWL Agri Business has received a formal request dated November 21, 2025, from Adani Commodities LLP (ACL) and Adani Enterprises Limited (AEL), seeking reclassification from the ‘promoter and promoter group’ category to the ‘public’ category. This request encompasses all members of the promoter and promoter group.
ACL’s Share Sale
On November 21, 2025, ACL divested 90,977,502 equity shares, equivalent to 7.00% of the issued and paid-up equity share capital, through a bulk deal on the stock exchange.
Adani Group’s Reduced Stake
Following this transaction, the Adani Group no longer holds any equity shares in AWL Agri Business. The reclassification request will be presented to the company’s board of directors for consideration, and appropriate steps will be taken in accordance with applicable regulations.
Confirmation and Certification
ACL and AEL have confirmed that they, along with the Promoter Group Entities, do not hold more than 10% of the total voting rights, do not exercise control over the company’s affairs, and comply with the conditions for reclassification as per regulations. They have requested the board of directors to consider and approve their request for reclassification to the ‘public’ category.
Source: BSE
